The Latest Breaking News on Economy

The nation’s average pay gap widened by 2.4 percentage points to 14.4% in 2021, accountancy giant PwC found in its Women in Work index.

When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing

While inflation showed signs of slowing, it is still far from the Fed’s target. Moreover, a tight labor market strengthens the case for higher rate hikes. Hence, fundamentally strong stocks Stellantis (STLA), General Motors (GM), Textron (TXT), and Modine (MOD), which look well-positioned to whether a market downturn, might be…

After successfully introducing development initiatives and programs to regulate the labor market and improve the contractual relationship between employers and employees, Saudi Arabia has managed to secure first place among the Group of 20 countries (G20) for factor productivity growth in 2022. According to a series of modeled readings issued…

The Federal Reserve's inflation fight takes another job-market punch as Treasury yields roar past 4%.

German Finance Minister Christian Lindner is faced with a shortfall of €12 billion ($12.7 billion) in his budget for next year, raising the prospect of a fight within the three-party ruling coalition over the allocation of funds.

Bank of England Chief Economist Huw Pill said the UK economy has proved “slightly stronger than expected” over the past month and wage growth stickier than thought.

The national debt grew by more than $4 trillion in 2020 alone.

The council had originally proposed a 3.5% increase but cabinet agreed to increase it to 3.9% due to ongoing pressures in relation to social care

Ireland is not heading into recession, according to new economic modelling developed by the Irish Fiscal Advisory Council.

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot